Friday, July 30, 2010

'Mums' taxation makes returning to work punishing...

According to the SMH and University of Sydney Professor Patricia Apps, tax rates on mothers who go back to work on low and moderate incomes are punishing, when you consider how much tax they have to pay and how much of the family tax benefit they lose.

As the paper noted: "On average, a married mother who decides to go out to work will lose around a third of her income in taxes and reduced [family tax benefits]." more

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